Rising Capital and BPR Hasamitra jointly drafted the 2025 Education Investment Budget Plan for China

On December 18, 2024, Rising Capital reached a strategic cooperation agreement with Dr. Ir. Yonggris, Chairman of BPR Hasamitra (Hasamitra People’s Economic Bank), to jointly draft the 2025 Education Investment Budget Plan for China. This collaboration aims to promote in-depth educational exchanges and cooperation between Indonesia and China, providing new momentum for the integration and sharing of educational resources between ASEAN and China.

The budget plan focuses on optimizing the structure of educational investments, supporting the comprehensive development of ASEAN students’ study abroad programs in China, and fostering deeper cooperation between universities in both countries in academic research, talent cultivation, and technological innovation. This initiative also marks a significant step for Rising Capital in the international education investment sector.

A photo of the representatives of Rising Capital and BPR Hasamitra together

Dr. Xue Ruiteng, Chairman of Rising Capital, stated that as a junior partner, Rising Capital will take the lead in making an initial investment in March 2025. The company will jointly establish a project fund with BPR Hasamitra to help more children from impoverished families receive education in China.

Mr. Dr. Ir. Yonggris, Chairman of BPR Hasamitra delivered a speech

Dr. Ir. Yonggris, Chairman of BPR Hasamitra, Indonesia’s leading financial institution, stated that education is the core of future development. He expressed his anticipation that the implementation of this budget plan will create more opportunities for Indonesian students and bring broader development prospects to the educational cooperation between the two sides.